This is the latest market trend of melamine, the chemical raw material of melamine molding powder by Huafu MMC Factory.
P value curve of melamine products
As of the morning of May 13, the average price of melamine enterprises was 10,300.00 yuan / ton (about 1,520 US dollars / ton), an increase of 0.65% compared with the price on Monday, and a decrease of 8.31% compared with the price on April 13. The month-to-month period fell by 29.77% year-on-year.
The market price of melamine rose on Wednesday. Recently, the price of raw material urea has continued to rise.
1. The cost side supports manufacturers' attitude of price support. Some manufacturers ship orders in advance in an orderly manner.
2. The demand side export orders have increased compared with the previous period. Domestic downstream demand is still average. .
3. Upstream urea, the domestic urea market rose on May 12. The reference price of urea was 3245.00 (about 479 US dollars), an increase of 6.53% compared with the price on May 1.
4. Upstream coal and liquefied natural gas prices remained high, with good cost support.
- From the perspective of demand: the agricultural demand in Xinjiang and southern regions is relatively good, the demand of Hefei enterprises is increasing, the plate factory purchases on demand, and the urea industry demand is sufficient. Buy up not buy down, urea trading atmosphere is good.
- From the perspective of supply: there are many urea overhaul manufacturers in May, and the supply is reduced. Various factors continue to push up the price of urea. The policy of ensuring supply and price stability remains unchanged.
Huafu Melamine Moulding Powder Factory believes that the recent upstream urea price is relatively strong, the cost support is obvious, the supply side operating rate is expected to increase, the downstream just needs to purchase mainly, the supply and demand side support is general, it is expected that in the short term, the melamine market may be stable and strong.
Post time: May-19-2022